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South Africa registered very little growth in GDP during 2016. Consumer demand was constrained by low levels of consumer confidence, higher taxes and a drop in real wages. Power outages also continued ...
Indonesian luxury goods in 2016 recorded current value growth, but at a lower rate than in the previous few years. Demand for luxury products had continued to grow as Indonesia’s GDP rose; however, growth ...
The luxury goods market in Thailand continues to be on the rise thanks to growing materialism as well as a recovery in the Thai economy. Much of the growth in luxury is supported by the Thai government’s ...